8 Of The Best Amazon Prime Day Coffee Maker Deals To Get Right Now

If you drink as much coffee as I do then you likely have numerous coffee making machines in your kitchen — I have at least four. And seeing as the last few months have given us a bit more time at home, taking some of it to make a good cup of coffee can’t be a bad thing. Lucky for all of us, there are plenty of Prime Day coffee maker deals to take advantage of over the Amazon Prime Day sales event, so if you don’t have one yet, or could use another, now’s a good time to get it.

If you’re looking for a specific style of coffee maker, like a drip machine, single-serve, French press or pour-over, it’s likely that Amazon has it and it’s probably on sale. But I had to pick a mere handful of devices out of the three or four dozen that are

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EV battery maker Romeo Systems to go public through a $1.33 bln SPAC deal

Oct 5 (Reuters) – Romeo Systems Inc, a battery maker for electric vehicles, will go public through a merger with blank check company RMG Acquisition Corp in a $1.33 billion deal, the companies said on Monday.

The deal is expected to raise $384 million for Romeo, which includes an investment of $150 million from investors such as The Heritage Group and Republic Services.

Romeo will use the proceeds for capacity expansion and research & development to further develop battery system technologies for commercial vehicles, according to a statement.

After the deal closes, which is expected in the fourth quarter of 2020, the combined company will list on the New York Stock Exchange under the symbol “RMO”.

A SPAC is a shell company that raises money through an initial public offering to buy an operating entity, typically within two years.

SPACs have emerged as a quick route to the stock market

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EV battery maker Romeo Systems to go public through a $1.33 billion SPAC deal

(Reuters) – Romeo Systems Inc, a battery maker for electric vehicles, will go public through a merger with blank check company RMG Acquisition Corp in a $1.33 billion deal, the companies said on Monday.

The deal is expected to raise $384 million for Romeo, which includes an investment of $150 million from investors such as The Heritage Group and Republic Services.

Romeo will use the proceeds for capacity expansion and research & development to further develop battery system technologies for commercial vehicles, according to a statement.

After the deal closes, which is expected in the fourth quarter of 2020, the combined company will list on the New York Stock Exchange under the symbol “RMO”.

A SPAC is a shell company that raises money through an initial public offering to buy an operating entity, typically within two years.

SPACs have emerged as a quick route to the stock market for companies,

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Auto Parts Maker Shiloh Cleared For Del. Ch. 11 Sale Plan


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Law360 (September 25, 2020, 9:08 PM EDT) —
Auto parts supplier Shiloh Industries received a green light Thursday for its Delaware Chapter 11 stalking horse sale plan, with an affiliate of private equity firm MiddleGround Capital LLC tapped as the bidder-to-beat with a $218 million offer for the business.

The decision positioned the company, which produces motor vehicle frames and other components for cars and trucks, to begin a more than month-long sale effort for the Ohio-based manufacturer.

MiddleGround affiliate Grouper Holdings LLC will

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Auto-parts maker Garrett files for bankruptcy

Sept 20 (Reuters)U.S. auto-parts maker Garrett Motion Inc said on Sunday it filed for Chapter 11 bankruptcy protection, as it struggled with heavy debt due to a payment settlement dispute with former parent Honeywell International Inc HON.N and the COVID-19 pandemic.

Garrett said it entered into a “stalking horse” purchase agreement with private equity firm KPS Capital Partners LP for $2.1 billion.

The “stalking horse” agreement would imply that any other bids that come in must be higher than the offer made by KPS. The agreement is subject to court approval.

Garrett said it was also seeking court’s approval for a $250 million debtor-in-possession financing facility. Throughout the reorganization process, Garrett expects to operate without interruption.

The company listed both assets and liabilities in the range of $1 billion and $10 billion, according to a filing with the U.S Bankruptcy Court for the Southern District of New

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China’s EV maker Nio launches battery leasing service

BEIJING: Chinese electric vehicle (EV) maker Nio Inc has launched a battery leasing service which will allow drivers to buy an EV without owning the battery pack – one of the most expensive EV components – thereby lowering the starting price of its cars.

The service, dubbed as “battery as a service”, entails drivers paying a monthly rental fee for use of the batteries.

The cheapest Nio car after subsidies is now an ES6 sport-utility vehicle (SUV) priced 273,600 yuan (US$39,553) without ownership of the battery pack, versus 343,600 yuan including the battery pack.

Nio operates 143 battery-swapping stations around China, where drivers can swap spent battery packs for fully charged replacements.

The industry ministry has said it would promote the adoption of vehicles with batteries that can be swapped between different makes and models.

To that end, Nio’s battery packs are the same shape and size across

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Chinese EV maker Nio launches battery leasing service, eyes global market

BEIJING/SHANGHAI (Reuters) – Chinese electric vehicle (EV) maker Nio Inc NIO.N has launched a battery leasing service that will allow drivers to buy an EV without owning the battery pack – one of the most expensive EV components – thereby lowering the starting price of its cars.

The service, called “battery as a service” (BaaS), entails drivers paying a monthly rental fee for use of the batteries.

The cheapest Nio car after subsidies is now an ES6 sport-utility vehicle (SUV) priced 273,600 yuan ($39,553) without ownership of the battery pack, versus 343,600 yuan including the pack.

“We believe with BaaS, more customers of gasoline cars will consider electric vehicles,” Nio’s chief executive William Li told reporters.

Nio operates 143 battery-swapping stations around China, where drivers can swap spent battery packs for fully charged replacements. Li said Nio was building a new battery-swapping station in China every week and planned to

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Chinese EV maker Nio starts battery leasing service to make electric cars cheaper

BEIJING/SHANGHAI — Chinese electric vehicle (EV) maker Nio Inc has launched a battery leasing service that will allow drivers to buy an EV without owning the battery pack — one of the most expensive EV components – thereby lowering the starting price of its cars.

The service, called “battery as a service” (BaaS), entails drivers paying a monthly rental fee for use of the batteries.

The cheapest Nio car after subsidies is now an ES6 sport-utility vehicle priced 273,600 yuan ($39,553) without ownership of the battery pack, versus 343,600 yuan (just under $50,000) including the pack. Customers could still opt to purchase the battery if they wanted to, or they can lease it at a rate of $142 per month or $1,570 annually.

“We believe with BaaS, more customers of gasoline cars will consider electric vehicles,” Nio’s chief executive William Li told reporters.

Nio operates 143 battery-swapping stations around China,

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